EAR 0.75% 33.3¢ echo resources limited

Nice presentation. No frills, just explains exactly what you are...

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  1. 7,303 Posts.
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    Nice presentation.
    No frills, just explains exactly what you are getting right now, with an E/V of just $85m.
    $104 an ounce per the reserves too.

    How the likes of NST is not using its script considering its valuation per ounce being produced is almost 8 times higher than EAR astounds me. But they are the masters of this game.

    i.e NST are producing approx 600k p.a (or hope to), and have an MC of $4.5billion, or $750m mc per 100k of gold being produced.

    NST could pay double EARs MC right now, and pay for the refurb, and still be able to increase their MC by $500m.
 
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